Rochester, NY 6/30/2009 3:21:27 AM
News / Finance

End of Day Report - THM - International Tower Hill Mines Ltd. Receives From Warrant And Broker Option Exercises - Sourced WhisperFromWallStreet.com

International Tower Hill Mines, Ltd.

End of Day Report - THM - International Tower Hill Mines Ltd. Receives From Warrant And Broker Option Exercises - Sourced WhisperFromWallStreet.com

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International Tower Hill Mines Ltd.,THM

International Tower Hill Mines Ltd. announced that it has received a total of CAD23,114,288 from the exercise of 7,753,385 warrants, broker options and broker warrants that expired May 9, 2009. Current funds in the treasury (less current liabilities) now exceed CAD32.8 million, providing the Company with sufficient funds for the next two years, including its planned Livengood project development program. This program is designed to outline a plus 15 million ounce gold resource and advance the Livengood project toward production.

About

International Tower Hill Mines, Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Alaska and Nevada, the United States. It explores primarily for precious and base metals, including gold, silver, and copper. The company, formerly known as Tower Hill Mines, Ltd., was founded in 1978 and is based in Vancouver, Canada.

Last Trade:      3.25
Day's Range:    3.03 - 3.28
52wk Range:    N/A
Volume:          287,701
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